Artificial Intelligence (AI) revolutionizes uncollateralized loans in digital finance, as seen in Qena under Kifiya Technologies.
What is the importance of AI
AI swiftly assesses credit risk by analyzing vast data sets, enabling lending without physical collateral.
It creates precise credit scores using diverse data, automates processes for faster loan approvals, and detects fraud in real-time.
Kifiya likely utilizes AI in Qena to expand digital financial inclusion by making loans accessible without traditional collateral requirements.
Hence AI using Kena helps to provide individuals with loans that do not carry collaterals.
Question
The role of Artificial Intelligence in providing uncollateralized loan for digital financing: In the case of Qena under Kifiya technologies